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Regulators Cleared a Small Modular Reactor for Construction. It Isn't a NuScale Design.

Key PointsThe Nuclear Regulatory Commission granted a construction permit on Sept. 29 for a GE Vernova reactor on the Tennessee Valley Authority's Clinch River site.

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BOJ's Sato backs gradual rate hikes despite opposing Sept. increase

TOKYO (Kyodo) -- Bank of Japan policy board member Ayano Sato said she supports gradually raising the central bank's policy interest rate, signaling o

  • Bank of Japan member Ayano Sato supports gradual rate hikes.
  • Opposed Sept. rate increase at previous meeting.
  • Emphasizes considering private consumption trends for future hikes.

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